$749,900
156 Somerset Way SE
Beds
5
Baths
4 full + 1 half
Sqft
—
Year
2025
Type
Single Family
Suite
Legal suite
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Medicine Hat. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
OPEN HOUSE-Saturday, April 25th at 2:00-3:30pm! Introducing an exceptional investment opportunity in the heart of the city! Welcome to Adorah Homes' latest NEW BUILD featuring a beautiful two-storey main unit with a legal 2 bedroom basement suite. This property not only offers comfortable living spaces but also provides income-generating potential to help offset mortgage costs. The main two-storey unit boasts 1728 sqft of carefully designed living space-complete with a main floor office/playroom. Upon entry, you're greeted by a spacious, light-filled living room with access to a covered back deck with BBQ gas line overlooking a large, private yard space-complete with a fence. The kitchen exudes modern elegance, featuring a pantry, an island with seating, a complete appliance package (gas range), and quartz countertops. Upstairs, 3 generously sized bedrooms await, including a primary suite large enough to accommodate a king-sized bed, complete with a 4-piece ensuite and a substantial walk-in closet. Also conveniently located on this floor is a full bathroom and laundry area. Stay warm in winter with the main attached double garage and the suites attached single! Downstairs, the fully rentable legal basement suite spans 864 sqft and includes 2 bedrooms, a well-appointed bathroom, an eat-in kitchen, a spacious living room and its own in-suite laundry. This suite mirrors the high-quality finishes of the main unit, featuring quartz countertops, a 4-piece appliance package and ample storage space throughout. Located within walking distance to all amenities such as schools, shopping, restaurants, coffee shops, and scenic walking/biking paths, this property is perfectly positioned for both convenience and lifestyle. Whether you choose to live in one unit and rent out the other or utilize both for rental income, this home presents a rare opportunity to own a brand-new property with dual occupancy potential. Don't miss out on this chance to secure a modern, income-generating property in a prime location and explore how this home can fit your investment and lifestyle goals seamlessly. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Southland
- Common interest
- Freehold
- Living area
- 1,728 square feet
- Lot size
- 8,850 square feet
- Lot dimensions
- 8850.00
- Bedrooms
- 3 above grade, 2 below grade
- Parking
- 6 total
- Stories
- 2
- On market
- Apr 23, 2026
- Status changed
- Apr 26, 2026
- Annual tax
- $1,497 (2025)
- Zoning
- R-LD
- Photos
- 50
- MLS#
- A2303600
- Area
- MEDICINE_HAT
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Flooring
Foundation
Lot
Cash on cash
-1.01%
Cap rate
4.66%
GRM
13.9
Break-even rent
$4,632
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.